€ 225 000
€ 4 500 / sqm
+ VAT
+ VAT
From January 13, 2014 the VAT rate in Cyprus is 19%. However, buyers can purchase a new property with a reduced VAT rate of 5% under the following conditions:
- The purchase is made by an individual, not a legal entity.
- The buyer is not going to rent out the acquired property.
- This will be a primary residence in Cyprus for the buyer, and they do not have any other property in Cyprus acquired with the reduced VAT rate within the last 10 years.
1 bedroom Apartment in Zakaki, Limassol, Cyprus No. 48777
1
Bedrooms
1
Bathrooms
50 sq.m.
Square
Parameters
Property Description
Located in the Thermion area of Zakaki, Limassol, this new residential development offers a practical solution for investors seeking long-term returns through the rental market. Set in a quiet neighborhood with direct access to the city’s main attractions, the project provides easy connectivity to Limassol Marina, Lady’s Mile Beach, My Mall, and key business districts.
Each unit is designed with efficient layouts, functional living spaces, private verandas, and allocated parking. The location supports strong tenant interest due to its close proximity to daily amenities, schools, offices, and leisure areas, making it a suitable choice for those looking to invest in the local rental market.
The property is also within walking and short driving distance to essential services such as pharmacies, supermarkets, and courier points. Its setting in a well-developed residential zone balances accessibility and comfort, making it a practical base for residents and an attractive asset for investors.
The main features of the project and the units:
• Designed for long-term rental yield
• Located in Thermion, Zakaki (Limassol)
• Walking distance to local services and amenities
• Private verandas and secure parking
• Three-story residential building
• Close to Limassol Marina, Lady’s Mile Beach, and My Mall
• Easy access to schools and business hubs
• Modern architecture with functional layouts
• High rental demand in the area
The project has an EPC certificate with “A” energy efficiency rating.
Features
Car park
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